Yadea Group Holdings (HKG:1585) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥28.2b (down 19% from FY 2023).
- Net income: CN¥1.27b (down 52% from FY 2023).
- Profit margin: 4.5% (down from 7.6% in FY 2023). The decrease in margin was driven by lower revenue.
- EPS: CN¥0.42 (down from CN¥0.89 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Yadea Group Holdings Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates by 34%.
Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Auto industry in Hong Kong.
Performance of the Hong Kong Auto industry.
The company's shares are down 4.6% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for Yadea Group Holdings you should know about.
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